Tallahassee Journal

Precision Agriculture Market Size Worth USD 16.06 Billion by 2027, Market trends – New product launches

 Breaking News
  • No posts were found

Precision Agriculture Market Size Worth USD 16.06 Billion by 2027, Market trends – New product launches

April 06
20:26 2021
The Global Precision Agriculture Market size was valued at USD 6.19 Billion in 2019 and is anticipated to reach USD 16.06 Billion by 2027 at a CAGR of 12.7%

The global Precision Agriculture Market is expected to reach USD 16.06 Billion by 2027, according to a new report by Emergen Research. Precision Agriculture is swiftly gaining popularity among farmers due to the increasing need for optimum production with the given resources. Further, the changing weather patterns due to increasing global warming have necessitated the adoption of advanced technologies to enhance productivity and crop yield.

Another factor contributing to the growth of the market is the extensive use of drones and aircraft for precision agriculture operations. Drones have emerged as an excellent alternative to the traditional surveying & data gathering methods in agricultural operations. By using drones for crop monitoring, farm owners can significantly lower their production costs and reduce required man-hours and work-load.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/107

The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.

Prominent Players Analyzed in the Report:

AG Leader Technology, Deere & Company, Trimble, AGCO Corporation, Raven Industries, AgJunction, SST Development Group, Cropmetrics, Dickey-john Corporation, Topcon Positioning Systems, among others.

Furthermore, the report divides the Precision Agriculture market into key segments and sub-segments to offer an analysis of the product type and application spectrum of the industry. It also offers predictions about the segments expected to show significant growth during the projected timeline.

  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Hardware
      1. Automation & Control Systems
        • Displays
        • Guidance & Steering
        • GPS & GNSS
        • Drones, UAV & Cameras
        • Others
      2. Sensing and Monitoring Device
        • Yield Monitors
        • Soil Sensors
        • Water Sensors
        • Climate Sensors
  • Software
  • Services
    1. Consulting & training
    2. Maintenance & update
    3. Integration
    4. Managed Service
    5. Other Services
  • Technology Outlook (Revenue, USD Billion; 2017-2027)
    1. Guidance Technology
    2. Remote Sensing
    3. Variable-Rate Technology
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    1. Yield Monitoring
    2. Field Mapping
    3. Crop Scouting
    4. Weather Tracking & Forecasting
    5. Irrigation Management
    6. Inventory Management
    7. Farm Labor Management
    8. Financial Management
    9. Others

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/Precision Agriculture-market

The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Overview of the Precision Agriculture Market Report:

  • Introduction, Product Scope, Market Overview, and Opportunities
  • Analysis of the Manufacturers with sales, revenue, and price analysis
  • Comprehensive analysis of the competitive landscape
  • Extensive profiling of the key competitors along with their business strategies and market size
  • Regional analysis of the market along with sales, revenue, market share, and global position
  • Country-wise analysis of the market along with types, applications, and manufacturing
  • Strategic recommendations to established players as well as new entrants
  • In-depth analysis of the risks, restraints, and limitations in the Precision Agriculture industry

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/107

Thank you for reading our report. Please connect with us to know more about the report or the customization of the report. Our team will ensure the report is best suited to meet your requirements.

About Emergen Research

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Media Contact
Company Name: Emergen Research
Contact Person: Eric Lee
Email: Send Email
Phone: +1 (604) 757-9756
Address:14671 110 Avenue Surrey, British Columbia, V3R2A9
City: Surrey
State: British Columbia
Country: Canada
Website: https://www.emergenresearch.com/industry-report/precision-agriculture-market

Categories